222 S Coconut Ln, Miami Beach, FL 33139

$5,450,000
5
BD
4
BA
3,686
SqFt
List Price
$5,450,000
MLS#
A10993333
Subdivision
Palm Island
Status
ACTIVE
Type
Single Family Residential
Bedrooms
5
Full baths
3
Half baths
1
Living Area
3,686

Property Description

PALM ISLAND UNIQUE WATERFRONT OPPORTUNITY TO WORK ON PLANS FOR A REMODEL OR NEW CONSTRUCTION WITH HEFTY RENTAL INCOME! Tenant Occupied through Aug 2022 @ $25,500/M. Here is your Opportunity to have any Construction Plans Designed & Approved whilst Receiving an Excellent Rental Income. This 7,000 Sq Ft Private Cul-de-Sac LOT on Palm Island Featuring 50' of Waterfrontage with Direct Ocean Access and Features Magnificent Skyline Views. Mediterranean Villa with High Ceilings Renovated in 2014 with 3,686 Sq Ft of Living Space Encompassing 5 Bedrooms + Office + 3.5 Baths with Fireplace & Laundry Room. Royal Palms Frame the Dock and Pool Deck Receiving Direct Sunlight All Day. Nestled between South Beach & Downtown with Gated Security, Park & Tennis courts. PALM ISLAND IS PERFECT FOR FAMILIES!

Additional Information

Days on Market
92
View
Bay
Waterfront Description
Ocean Access, No Fixed Bridges
Tax Amount
$69,291
Water Access
Private Dock, Dock Owned/Included, Private Dock
Pool
Yes
Parcel Number
02-42-05-001-0450
Pool Description
In Ground
#Garage Spaces
2
Bedroom Description
At Least 1 Bedroom Ground Level, Master Bedroom Upstairs
Front Exposure
North
Lot Size
7,000
Parking Restrictions
Driveway
Address
222 S Coconut Ln, Miami Beach
SqFt Liv Area
3,686
Year Built
1927
Design
Detached, Two Story, Mediterranean
Development Name
Palm Island
Style
House
Construction Type
Concrete Block Construction
Interior Features
Den/Library/Office
Section
5

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Luxe Living Realty.